J&R Machine announced it has installed two DMG MORI NZX 2000 automated CNC systems at its Shawano, Wisconsin headquarters, increasing production capacity for complex machined parts.
Hatzel & Buehler has acquired the assets of Silas Bolef Company, a provider of electrical construction services in the Delaware Valley area.
StatLab Medical Products, a developer and manufacturer of diagnostic supplies for anatomic pathology, acquired BBC Biochemical, a supplier of anatomic pathology supplies. The acquisition expands StatLab's manufacturing capabilities and capacity.
Northrop Grumman received a five-year, $404 million contract modification from the U.S. Navy for software, engineering and product support on the E-2D Advanced Hawkeye aircraft, including two additional aircraft under lots 8 and 9.
The Virginia Department of Transportation (VDOT) and Hampton Roads Connector Partners awarded a contract to Herrenknecht for a $101 million tunnel boring machine to bore a new connection across Hampton Roads Harbour. The 14m TBM will be built in 14 months, shipped from Germany, and assembled on South Island. Tunneling is expected to begin in early 2022.
Emerson said it signed an agreement to divest part of the Pentair Valves & Controls business to address US FTC and Mexican antitrust concerns, and hoped to complete the deal by end of April. The statement is dated April 2017.
KLINGER Holding GmbH of Gumpoldskirchen, Austria, has acquired GPI, a Texas-based supplier of industrial gaskets, seals, pumps and valves. GPI joins Thermoseal and KLINGER IGI as part of KLINGER's U.S. sealing companies. The article is dated April 2, 2020, and no deal value is given.
Textile Care Services installed new LAVATEC equipment including a press and tunnel system, gas dryers, and conveyors, and also purchased two new trucks, an OLMA folder, an auto-bagger, and a new air compressor system. The investments were made in 2020-2021.
Ventec Life Systems received a contract from FEMA to deliver 30,000 VOCSN ventilators by the end of August 2020. To meet demand, Ventec teamed up with General Motors to open a new factory.
Private equity firm Oakland Standard Company announced that Damascus Steel Casting Company has joined Temperform and The C.A. Lawton Co. in a specialty metals platform, expanding the combined casting offering.
BigRentz closed $15 million in private funding from ITOCHU Corporation and other investors to broaden rental category expansion and maintain business continuity.
Lubrizol Advanced Materials increased production of Carbopol polymers, a thickening agent for hand sanitizers, tripling supply capacity to enable 1 billion bottles of hand sanitizer per month. The expansion, involving over $20 million investment, was completed months ahead of schedule.
Amsted Seals, a global leader in sealing solutions, acquired Triseal Corporation, a family-owned aftermarket truck components manufacturer and distributor based in Hebron, Illinois. Terms were not disclosed.
Mitsubishi Caterpillar Forklift America Inc. implemented TouchPath's TouchMES manufacturing execution system at its Houston plant to increase production capacity and support expansion.
Superior Boiler will relocate its Richmond, Virginia subsidiary to Hutchinson, Kansas, starting in Q2 2021. The move will add over 50 jobs and introduce a new proprietary product.
ITOCHU Corporation made a strategic capital investment in and formed a business alliance with BigRentz, an online construction equipment rental marketplace. The deal aims to create new value in the construction-equipment business.
Arglass, a sustainable glass manufacturer, is building its first U.S. plant in Valdosta, Georgia, with a $100+ million investment. The plant will produce custom food and beverage glass containers and is expected to create hundreds of jobs.
Champion Fiberglass completed an expansion of its facility and opened a third production line for fiberglass conduit. Construction began on May 1, 2019, and the line is now operational.
Standridge Color Corp., a Georgia-based thermoplastics color and additive concentrate manufacturer, will move a new manufacturing facility to Lufkin, Texas. The company plans to invest millions of dollars and hire 15-20 employees, with operations starting by Q3 2021.
Honeywell is opening a new facemask production operation at its Phoenix Engines campus in Phoenix, Arizona, to manufacture N95 masks. The expansion will create 500 or more new jobs and, combined with a Rhode Island line, will produce over 20 million masks monthly.
Pine Island Capital Partners and Bain Capital Credit acquired Precinmac Precision Machining, a manufacturer of high-precision machined components for aerospace, defense, semiconductor, and industrial sectors. Financial terms were not disclosed.
GWS Tool Group acquired North American Tool Corporation.
Milwaukee Tool will open a new vertically integrated manufacturing plant in West Bend, Wisconsin, expanding its U.S. footprint.
HS Manufacturing, LLC, a subsidiary of Hickory Springs Manufacturing Company, is shifting the reporting structure of its Fort Smith, AR, plant to its HS MetalWorks division to broaden capabilities.
METAWATER Co., Ltd. acquired 100% of shares of U.S.-based water treatment equipment supplier Wigen Companies, Inc. on April 1, 2020, to strengthen its presence in the potable water reuse market.
SFS Group AG completed the acquisition of Truelove & Maclean Inc. from Richard Bouffard. T&M, which generated sales of about $36 million in 2019, will become part of SFS's Automotive division within the Engineered Components segment.
Subsea 7 was awarded the subsea SURF contract for the Anchor field development in the US Gulf of Mexico, a project operated by Chevron with Total as partner, scheduled to start production in 2024.
Meidensha is opening a new manufacturing facility of about 60,000 sq ft in Laurens County near Greenville, SC, in April 2020, to expand production of 72kV and 145kV vacuum circuit breakers through subsidiary Meiden America Switchgear.
Tank Holding, North America's largest rotational molder, acquired Meese Inc., a maker of bulk laundry carts and material handling bins, from parent Tingue Brown & Co. The deal includes rotational molding facilities in Madison, Indiana and Ashtabula, Ohio.
Greif announced a minority investment stake in Centurion Container LLC to expand its intermediate bulk container reconditioning network in North America, with a clear path to full ownership.
Oracle announced an agreement to acquire LiveData Utilities on March 31, 2020. The acquisition extends Oracle Utilities' Network Management System with OT middleware and SCADA capabilities.
KKSP Precision Machining, LLC, an Illinois-based metal component manufacturer, acquired Prime Engineered Components, Inc., a manufacturer of custom metal components, to expand into the Northeastern US. The deal was announced on April 3, 2020.
AAR and Sumitomo Corporation are launching a joint venture, AAR Sumisho Aviation Services, to distribute aircraft parts and provide logistics management solutions to the Japanese defense market and global commercial markets.
LGSTX Services, a subsidiary of Air Transport Services Group, was awarded a contract by the U.S. Postal Service to design, install and operate a Surface Transfer Center in Aurora, Illinois. The facility is expected to be operational in May 2020 and will initially hire about 125 employees.
AAR and Sumitomo Corporation announced a joint venture, AAR Sumisho Aviation Services, to distribute aircraft parts and provide aviation logistics management solutions to the Japanese defense market and global commercial markets.
AirBoss Defense Group, a subsidiary of AirBoss of America Corp., was awarded a $96.4 million contract by FEMA for 100,000 FlexAir Powered Air Purifying Respirator systems, 600,000 filters, and accessories to help battle COVID-19.
Shinhwa U.S. Auto Corp., a subsidiary of South Korea's Shinhwa Group, has increased its order for structural steel to expand its automotive parts manufacturing facility under construction in Auburn, Georgia, from 219,000 to nearly 265,000 square feet. The expansion will create 95 jobs.
San Francisco-based equity firm Thoma Bravo announced an agreement to acquire Birmingham's Command Alkon from Quilvest Capital Partners for an undisclosed amount. The deal is subject to customary closing conditions and regulatory approvals.
Enovix Corporation has secured $45 million in new funds from investors and customers to produce and commercialize its 3D Silicon Lithium-ion Battery. The funds will be used to complete its Fremont, California high-volume battery production facility.
VINAVIL has appointed Fitz Chem, NAGASE Group as the exclusive distributor for its PVAc, vinyl acetate/vinyl versatate, VeoVa, styrene/acrylic and acrylic polymers in 25 US states.
Arconic Inc. splits its Engineered Products and Forgings business into Howmet Aerospace Inc., effective April 1, 2020, and spins off its Global Rolled Products business as Arconic Corp.
Jack Tyler Engineering, a Little Rock-based pump and equipment distributor, has acquired New Water Systems, a water and wastewater sales firm owned by State Rep. Andy Davis. Financial terms were not disclosed.
The United States Government Publishing Office intends to award a sole-source purchase order to Covestro LLC for security-grade polycarbonate for use in secure credentials programs.
Alpine, an ITW Company, entered into a multi-year licensing agreement with House of Design to launch sales of automated roof and floor truss assembly systems for North American truss plants.
Raytheon secured a potential $353.3 million contract from the U.S. Navy to provide guided missile round packs and spare parts for the Rolling Airframe Missile system, including foreign military sales to several countries.
United Technologies Corp. and Raytheon Co. announced they will close their merger on April 3, 2020, creating Raytheon Technologies Corp. headquartered in Waltham, Mass. The all-stock deal values the combined company at $121 billion.
Private equity firm Warburg Pincus has acquired pump and compressor maker Sundyne from BC Partners and The Carlyle Group. Sundyne's management team led by CEO Mark Sefcik will remain in place.
Ford Motor Company will partner with GE Healthcare to produce 50,000 Airon-licensed Model A-E ventilators within 100 days at its Rawsonville Components Plant in Ypsilanti, Michigan, with capacity for up to 30,000 additional ventilators per month.
Parsons Corporation has been selected for a seat on a $1.2 billion ceiling indefinite delivery/indefinite quantity contract with the U.S. Army Corps of Engineers for utility monitoring and control systems.
Raytheon has reached a $1 billion multiyear agreement with Aerojet Rocketdyne to supply propulsion systems for missile programs, supporting contracts with the Missile Defense Agency and U.S. Navy.